Greece sells 30% stake in Athens International Airport via IPO, raising €785m for privatization fund.

Greece has completed a major privatization by selling its 30% stake in Athens International Airport during an initial public offering. The shares are expected to begin trading on the Athens stock exchange on February 7. Finance Minister Costis Hadzidakis said the listing of a new blue chip stock would provide a strong boost to Greek capital markets. The initial public offering drew demand that exceeded the number of shares available, raising €785 million for Greece’s state HRADF privatization fund.

February 02, 2024
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